📋 Wallets & Security | Cold Wallets and Hot Wallets
· What they are: A cold wallet is a wallet whose private keys are generated and stored offline. A hardware wallet is a typical example.
· Why it matters: The difference between “cold” and “hot” isn’t what the wallet looks like, but whether its private keys have ever been connected to the internet.
· In practice: Store large amounts of assets in a cold wallet, and keep only the small amount you need for everyday use in a hot wallet.
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· What they are: A cold wallet is a wallet whose private keys are generated and stored offline. A hardware wallet is a typical example.
· Why it matters: The difference between “cold” and “hot” isn’t what the wallet looks like, but whether its private keys have ever been connected to the internet.
· In practice: Store large amounts of assets in a cold wallet, and keep only the small amount you need for everyday use in a hot wallet.
$BTC 82002.01(+1.18%)
#BTC